Investment Overview
Presenting a prime opportunity for special purpose or early education investors, this 21,222 SF building at 5003 Westone Plaza, Chantilly, VA, 20151 offers unparalleled potential. Constructed in 2007 with premium materials, this I-3 zoned property is ideal for educational institutions, boasting a licensed capacity for up to 225 occupants and a 15-year Absolute NNN lease with zero landlord responsibilities. With a corporate guaranty from a top early education provider and annual rent escalations, this investment promises long-term financial growth. Situated in the Washington, D.C. Metro area, this fully-occupied property enjoys a strategic Fairfax County location.
Investment Highlights
- Premium Building: The property features a 21,222 SF building, constructed in 2007 using top-of-the-line materials, ensuring durability and long-term functionality for special purpose or school use.
- Zoning & Flexibility: Zoned I-3 (Industrial Light Intensity), this property is well-suited for a wide range of uses, including educational institutions, offering flexibility for prospective investors looking for a special purpose facility.
- Long-Term Absolute NNN Lease: The building is fully leased under a 15-year Absolute NNN lease, which commenced on 9/1/2023, providing the owner with zero landlord responsibilities and a guaranteed income stream.
- Licensed Capacity: Licensed to accommodate up to 225 occupants, the property is perfectly suited for educational institutions or other high-occupancy purposes, offering scalability for expanding programs.
- Corporate Guaranty & Financial Growth: Backed by a corporate guaranty from the largest private early education provider in the country, with over 2,200 locations, the property offers secure financial stability. Additionally, the lease includes 3% annual rent escalations for continued income growth.
- Strategic Location: Located in the Washington, D.C. Metro area, the property benefits from its prime Fairfax County position, providing excellent access to one of the nation’s most affluent and stable markets.